Clifford Chance settles over Excalibur negligence suit

A professional negligence claim brought against Clifford Chance over the high-profile Excalibur dispute has ended with the firm settling out of court for an undisclosed amount.

revers

Third-party litigation funders Psari Holdings and Adonis Lemos, who bankrolled a claim brought by former CC client Excalibur Ventures in 2013, instructed Withers to bring the claim against CC after defeat in the High Court. The claim was launched in December last year and Withers has now confirmed that the settlement has been made. However, the contents are confidential and Clifford Chance has refused to comment.

Bullying investigation

Clifford Chance is now playing a high-profile national role in the UK, carrying out an investigation into bullying claims in the Conservative party. Sources: CityAM; The Lawyer